A Freehold Site Measuring Approximately 0.290 hectares (0.717 acres) Comprising a Former Council Depot and Buildings. Potential for Development (Subject to Obtaining all Relevant Consents). A Substation on the Site is Sold Off on a Lease Producing £60 per annum (23 Years Unexpired).
The property comprises a site on two separate titles measuring approximately 0.29 hectares (0.717 acres) currently occupied by various buildings, stores, offices and an electricity substation.
The site is situated on a mainly residential road close to local shops and amenities. The open spaces of Coed Gwilym Park are also within close proximity, Transport links are provided by Llansamlet rail station.
The electricity sub-station is subject to a lease in favour of South Wales Electricity plc for a term of 50 years from 20th February 1990 (thus having approximately 23 years unexpired) at a ground rent of £60 per annum.
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Administration Charge - Purchasers will be required to pay an administration fee of £1,200 inc VAT
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.